Tencent-backed online insurer Waterdrop seeks to widen health policy coverage for China’s poor, founder says

Source: South China Morning PostTencent Holdings-backed online insurance technology firm Waterdrop, which raised US$360 million from its initial public offering in New York last week, plans to sharpen its focus on providing health policy coverage to the underserved population in China’s small cities and rural areas, according to company founder Shen Peng.Shen, who also serves as Waterdrop’s chief executive, told the South China Morning Post in an interview in Beijing that the company is “digging into demand [for health…Read More

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